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Bitcoin Analyst Forecasts Sideways Movement Until $74k
Famous crypto analyst, Doctor Profit, has once again predicted sideways movement for Bitcoin for the next week. As per him, BTC will continue trading between $60k and $70k and the super cycle will begin only when BTC will cross $74k. As per him, Bitcoin’s electrical cost is fluctuating between $65,000 and $75,000 over the past two weeks. In January, it was calculated by analysts that in order for miners to remain profitable, Bitcoin should be at $80,000. As per Doctor Profit, this is the primary reason why BTC is bound to cross $80k mark. The crypto market is always difficult to understand, some of its members are ... (full story)